@oldbull26; one of the claims on the GBRF website is that board...

  1. 34,152 Posts.
    @oldbull26; one of the claims on the GBRF website is that board members volunteer their time to attend five meetings a year and receive no remuneration:

    " The Great Barrier Reef Foundation is an independent entity registered with and regulated by the Australian Charities and Not-for-profit-Commission and governed by a Board of Directors. Our Board comprises representatives of Australian business, science and philanthropy, reflecting the charter to bring all sectors together for the benefit of the Great Barrier Reef.
    The Board oversee the role of the Managing Director and has the job of ensuring all activities are directed towards securing the funds needed to support research to protect and restore the Great Barrier Reef.
    ..."

    www.barrierreef.org/what-we-do/about-us/governance

    Publications including an annual financial reports can be found at:
    www.barrierreef.org/resources/publications

    The website advises that the GBRF has 38 staff, according to Page 8 of the latest financial report:

    :... For the year ended 30 June 2020, the cost of administration and cost of fundraising as a percentageof total expenses were 15.8% and 4.9% respectively.The Reef Trust Partnership grant agreement allocates $44,330,300 (or 10%) for administrativeactivities over six years (1 July 2018 to 30 June 2024).
    From 1 July 2019 to 30 June 2020, theFoundation’s expenses for administrative activities related to the Reef Trust Partnership were$7,325,533 (9.9% of the annual allocation). These costs were incurred to establish and maintainappropriate governance frameworks, including systems and processes, effective projectmanagement and scaling up activities as required by the grant agreement.
    ..."

    The summaries on Pages 38 & 39 of the latest annual financial report left me with many unanswered questions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.